Insurance

Slovenian SAVA Re announced it got the approval from the Macedonian Agency for Supervision of Fully Funded Pension Insurance (MAPAS) and the required approvals from other competition authorities for the acquisition of NLB Nov penziski fond AD Skopje.

Natural disasters in 2017 caused overall economic losses of USD 340 billion - the second-highest figure ever, show the latest data published by Munich Re. Moreover, 83% of natural disaster losses in 2017 were in North America, although only a quarter of all catastrophes occurred there.

Among the decisions adopted by the Romanian Financial Supervisory Authority (FSA) Board at its meeting on 7 March 2018, the appointment of Cosmin ANGHELUTA for a new mandate as Deputy General Manager of Gothaer Asigurari Reasigurari was also validated.

This year's InnoIns-2018 (Forum of Insurance Innovations) organized by MIG Insurance Today (MIG) with support and participation of the All-Russian Insurance Association (ARIA) will review positive international and domestic experience and discuss recent achievements in new technologies.